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You are analyzing the leverage of two firms and you note the following (all values in millions of dollars): a. What is the market debt-to-equity
You are analyzing the leverage of two firms and you note the following (all values in millions of dollars): a. What is the market debt-to-equity ratio of each firm? b. What is the book debt-to-equity ratio of each firm? c. What is the EBIT/interest coverage ratio of each firm? d. Which firm may have more difficulty meeting its debt obligations? Explain
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